5901 E Ocean Boulevard, Long Beach, California, United States, 90803

5,850,000
for Sale
7,119

About the property:

Introducing a rare coastal investment opportunity along the highly coveted Peninsula of Long Beach, an irreplaceable 16 unit multi-residential offering defined by character, location, and long-term upside. Originally crafted in the early 20th century with thoughtful expansions mid-century, this charming collection of residences blends vintage architectural appeal with enduring income potential. Set on a prime coastal parcel just moments from the sand, the property encompasses approximately 6,700+ square feet of rentable living space across a well-utilized lot exceeding 7,100 square feet. The unit mix is both diverse and strategically appealing, featuring a curated combination of one-bedroom residences, airy loft-style studios, classic studios, and one unit currently utilized for airbnb, each offering unique layouts that cater to a wide tenant demographic drawn to the Peninsula lifestyle. Enhancing both convenience and value, the property includes six private garages, an exceptional amenity in this beachside enclave, presenting not only immediate value for residents but also compelling potential for reconfiguration, additional income streams, or future ADU conversion (buyer to verify). Surrounded by the vibrant energy of Belmont Shore, Alamitos Bay, and the Pacific coastline, this asset represents a sophisticated blend of coastal charm, architectural legacy, and forward-looking investment potential in one of Long Beach’s most tightly held seaside neighborhoods.
Property Type:
Single Family Home
Status:
for Sale
Acres:
0.1634
Square Feet:
6748
Directions:
.
Is Bed:
Yes
Is Convenience:
Yes
Is Investment:
Yes
Is Media:
Yes
Is Mix:
Yes
Is Spa:
Yes
Is Unit:
Yes
Listing ID:
RS26083044

Rooms

Dimensions

Brokered by:
Fiv Realty Co
Presented By:

Roselia Pena Iniguez

REALTOR/Loan Originator

Source Funding